Kraken’s parent Payward is betting billions on becoming financial infrastructure, not just a crypto exchange
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Kraken’s parent Payward is investing billions to unify trading, payments, asset management and institutional services on shared infrastructure, co‑CEO Arjun Sethi says, aiming to become core financial plumbing rather than a standalone crypto exchange. By consolidating these functions, Payward hopes to attract broader institutional capital, boost liquidity across its platforms and reshape the crypto‑finance ecosystem.
Kraken parent Payward is unifying trading, payments, asset management and institutional services on common rails, co-CEO Arjun Sethi said.